fast food

Shares of the burger chain shot up Friday, its first trading day. Shake Shack and other fast-casual joints are taking a bite out of McDonald's, which can't recast itself to fit the current trend.

Burger King announced it is buying the Canadian doughnut-and-coffee chain for about $11 billion. Some Canadians aren't thrilled that their Timmy's is being taken over by the American burger company.

If you wander through the streets of Tehran, you might find that faux McDonald's, or maybe a Pizza Hat. The rise of the "fake franchise" caught the attention of Iranian-American Holly Dagres, a Middle East analyst and commentator, who says some of these eateries "look like the real deal."

Picketers in seven cities say McDonald's, Wendy's and other fast-food chains should pay employees $15 an hour. But the restaurant industry says that would force those companies to cut jobs.

Fast-food workers in New York City are on strike for the second time in six months, demanding higher wages that they can live on. Workers complain that $7.25 an hour, New York's current minimum wage, is not enough to live in the city.